Form D · Hedge Fund

BLACK DIAMOND RELATIVE VALUE LTD.

Camana Bay, Grand Cayman, E9 · CIK 0001460819

Offering snapshot reported Sep 29, 2020 · SEC filing

Reported sold
$937M
Indefinite offering
Investors reported
56
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Aug 1, 1999
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$797M$1.59BMar 12, 2010: $1,020,847,639.00Mar 12, 2010Mar 15, 2011: $1,191,143,718.00Mar 15, 2012: $1,297,643,718.00Mar 14, 2013: $1,343,643,718.00Mar 14, 2014: $1,509,643,718.00Mar 16, 2015: $1,590,793,718.00Mar 16, 2016: $1,594,593,718.00Mar 16, 2017: $1,594,593,718.00Mar 16, 2018: $937,100,580.00Mar 15, 2019: $937,100,580.00Oct 1, 2019: $937,100,580.00Sep 29, 2020: $937,100,580.00Sep 29, 2020

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 29, 2020Amendment$937,100,580$0vs Oct 1, 201956SEC filing
Oct 1, 2019Amendment$937,100,580$0vs Mar 15, 201956SEC filing
Mar 15, 2019Amendment$937,100,580$0vs Mar 16, 201856SEC filing
Mar 16, 2018Amendment$937,100,580-$657,493,138vs Mar 16, 201756SEC filing
Mar 16, 2017Amendment$1,594,593,718$0vs Mar 16, 201623SEC filing
Mar 16, 2016Amendment$1,594,593,718$3,800,000vs Mar 16, 201523SEC filing
Mar 16, 2015Amendment$1,590,793,718$81,150,000vs Mar 14, 201423SEC filing
Mar 14, 2014Amendment$1,509,643,718$166,000,000vs Mar 14, 201317SEC filing
Mar 14, 2013Amendment$1,343,643,718$46,000,000vs Mar 15, 201217SEC filing
Mar 15, 2012Amendment$1,297,643,718$106,500,000vs Mar 15, 201126SEC filing
Mar 15, 2011Amendment$1,191,143,718$170,296,079vs Mar 12, 201056SEC filing
Mar 12, 2010Amendment$1,020,847,639No comparison60SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$320K
Finders' fees
$0
Form D file number
021-129796

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
UBS Financial Services Inc.8174
Sendero Securities, LLC146627

Source: Form D, filed Sep 29, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BLACK DIAMOND RELATIVE VALUE LTD.

Investment adviser: CARLSON CAPITAL, L.P.

Gross asset value
$177K
Beneficial owners
4
ADV minimum commitment
$5M

Reported in Form ADV on Feb 2, 2022. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND SERVICES (CAYMAN ISLANDS) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE GEORGE TOWN, Cayman Islands
Custodian HSBC PRIVATE BANK NEW YORK, New York, United States Related to adviser: No
Custodian MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States Related to adviser: No
Custodian NORTHERN TRUST DALLAS, Texas, United States Related to adviser: No
Custodian WELLS FARGO BANK, N.A. ROANOKE, Virginia, United States Related to adviser: No
Marketer UBS FINANCIAL SERVICES INC. NEW YORK, New York, United States Related to adviser: No
Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE
PCAOB 1096

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
CRD 16139 · SEC 8-33359

Filing source

Form ADV 1597857 · Feb 2, 2022 · Schedule D 7.B.(1), fund 805-5047443629

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Keith Anderson Director
Jane Buchan Director
Nancy P. Carlson Director
Clint D. Carlson Director
N/A Carlson Capital, L.P. Executive
Louis Frederic De Pfyffer Director
Richard Douglas Director
Leanne Golding Director
Harlan Korenvaes Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Citco Fund Services (Cayman) Limited 89 Nexus Way, P.O. Box 31106
Camana Bay, Grand Cayman, E9, KY1-1205